Europe Battlefield Management System Market is Expected to Reach $3,604.26 Million in 2019 - New Report by MicroMarket Monitor

(PRWEB) August 06 2014 Battlefield Management System (BMS) is the integration of all systems meant for information acquisition and command and control of a military unit. The European battlefield management system market is currently valued at $3093.13 million and is expected to grow at a CAGR of 3.11% to $3604.26 million by 2019. Browse through the

Battlefield Management System (BMS) is the integration of all systems meant for information acquisition and command and control of a military unit. The European battlefield management system market is currently valued at $3,093.13 million and is expected to grow at a CAGR of 3.11% to $3,604.26 million by 2019.

The global BMS market is estimated to reach $12.6 billion in 2019. The CAGR is expected to rise substantially over the five year period (2014-2019). The report tracks, analyzes, and lays out the market size of major defense spenders in each region and provides the BMS market share on the basis of platforms viz. land-based, naval, and air-borne. It also analyzes the market share by applications, namely, commander system, dismounted soldier system, tracked and armored vehicles, communication network equipment, and BMS software.

The overall defense budget declination in Europe is projected to be at 2% for 2014 with a majority of the spending being done on homeland protection and air support. Hence, the uptake of BMS will not be widespread in the region. In the EU, the BMS spending is expected to include minimal yet significant investments into all the five applications in spite of cutting down on defense budgets. Even BMS software is expected to be developed and upgraded gradually.

This report also includes the market share, supply chain and value chain analyses, and market metrics such as drivers and restraints. In addition, it presents a competitive landscape and company profiles of key players in this market.

Related Reports:

North America Battlefield Management System Market
Battlefield Management System (BMS) is the integration of all systems meant for information acquisition and command and control of a military unit. The North American battlefield management system market is currently valued at $1,720 million and is expected to come down at a CAGR of 2.0% to $1,544 million by 2019. This report provides an in-depth analysis of the North American BMS market. It provides information about current trends in the market with respect to platforms and applications. It throws light on drivers and restraints of this market and the challenges faced that will impact the growth of this market in the region.

Asia-Pacific Battlefield Management System Market
Battlefield Management System (BMS) is the integration of all systems meant for information acquisition and command and control of a military unit. The Asia-Pacific battlefield management system market is currently valued at $2,570 million and is expected to grow at a CAGR of a healthy 9% to $4,029 million by 2019.This report provides an in-depth analysis of the Asia-Pacific BMS market. It provides information about current trends in the market with respect to platforms and applications. It throws light on drivers and restraints of this market and the challenges faced that will impact the growth of this market in the region.

Latin America Battlefield Management System
Battlefield Management System (BMS) is the integration of all systems meant for information acquisition and command and control of a military unit. The Latin American battlefield management system market is currently valued at $982 million and is expected to grow at a CAGR of 2.0% to $1,090 million by 2019.

This report provides an in-depth analysis of the Latin American Battlefield Management System market. It provides information about current trends in the market with respect to platforms and applications. It throws light on drivers and restraints of this market and the challenges faced that will impact the growth of this market in the region.

MicroMarket Monitor identifies and attends to various unmet needs of different industrial verticals, which include value chain impact analysis. The company publishes about 12000 Market Research Reports on various Micro Markets across the world. The graphical nature and multidimensional analysis of these reports provide advanced Business Intelligence Tools to the clients in that particular target market.

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